The following Arbitration guidance note Produced in partnership with Leon Chung and Mitchell Dearness of Herbert Smith Freehills provides comprehensive and up to date legal information covering:
This Practice Note provides an introduction to the Australian Centre for International Commercial Arbitration (ACICA) and offers an overview of arbitrating under the institution’s arbitral rules. This Practice Note is not intended to be an exhaustive guide to ACICA arbitration or a substitute for carefully considering the application of the ACICA arbitration rules as relevant to your dispute.
ACICA was established in 1985. It is an independent, not-for-profit organisation with a stated objective of promoting and facilitating the efficient resolution of commercial disputes both in Australia and internationally through arbitration and mediation.
ACICA’s functions include acting as an impartial appointment and administering body for alternative dispute resolution processes, maintaining a panel of arbitrators and mediators that may be used for party appointments, providing rules and model clauses to assist the conduct of arbitration and mediation, and holding conferences and other educational opportunities in international arbitration and mediation.
ACICA has developed its own set of arbitration rules, with the most recent edition coming into effect on 1 January 2016 (the Rules). The Rules supersede earlier editions published in 2011 and 2005. ACICA will administer an arbitration under an earlier edition of its Rules if the parties agree. For the purposes of this Practice Note, all references are made to the current 2016 version of the Rules.
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